Here's a quick update on interest rates...........
Interest rates have been a hot topic all year long. We were somewhat spoiled with interest rates below 5% a few years ago. Then rates went up into the 7% range and have been bouncing around in that bucket for a while. A couple weeks ago, rates for a 30 year mortgage were in the 6% range and rates for a 15 year fixed mortgage were even lower in the 6% range. Then rates took a slight upward tick again.
Many things impact your interest rate like the purchase price range, the amount of your down payment, your credit score, and other debt you may have. In addition, there are SO many different loan products out there right now. A Lender can look at your financials and help you find a loan to meet your priorities and needs.
The best thing you can do before jumping in to buy a home is partner with a great Lender and talk through the best strategy to fit your personal situation. We’re happy to partner with your Lender as well so that we can align your home buying or selling strategy to meet your goals.
Freedom Team Real Estate Agents (Kyle Meyer, Lauren Nobbe, Valerie Bohn) serving Appleton, Neenah, Oshkosh, Fond du lac and surrounding areas in Wisconsin. Check us out at www.joinfreedomteam.com or by contacting Kyle or Lauren at 920-410-7230 or Valerie at 920-232-8683.
Additional info on our blog post: https://www.joinfreedomteam.com/blog
Our Website: www.joinfreedomteam.com
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